Saint Volume Trader EA Free

Saint Volume Trader EA consist of two sets of strategy. When "read volume" parameter is on, the EA trades with special build-in software to extract volume data from the data provider. Data provider updates real time data for every two minutes. When "read volume" is set to false, the EA trades with the standard MetaTrader 4 volume indicator. Both strategies have the same concept to read aggregated volume figures from the standard MetaTrader 4 volume indicator or data provider on a certain timeframe. By presetting a value requirement for opening a trade in the "trigger level" parameter, the EA will place buy/sell pending orders when the requirement value is met. Either buy or sell order is hit, the opposite one will be canceled. Below are basic information and EA's parameters.

Basic EA information

Currency pairs = USD/DKK, USD/CHF and CAD/CHF.

Timeframe = H1.

Chart = Preferably use Renko chart.

Requires VPS.

Volume reading = USD/DKK, USD/CHF and CAD/CHF.

Use ECN broker.

Lot size = 0.01 can be used only.

Variable description

Read volume = true/false

Query interval = 120 (120 is 120 seconds or 2 minutes and do not change this value)

Max Active Orders = X

Auto lot = true/false

Risk = X % (risk of capital in percentage)

Fixed lot = X (fixed lot size setting)

Trade triggered volume = X (volume amount to be decided to open trades)